What is the minimum amount to start as a trader? - page 12.

mastica

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Quote from: crairezx20 on November 01, 2016, 02:40:31 PM

Quote from: Blitzboy on November 01, 2016, 02:33:51 PM

You must have at least 1 bitcoin to become a trader. It is not easy as you think. Trading requires a lot of skill and knowledge about the economy. And you also need a good internet connection to avoid any slow confirmations. Well, my father is a trader and he is very good at it

Yeah 1 btc is good profit result but it is risky if you are just a newbie and i think it is better to start in small amount and try to scaleing up until you learn and experience how to trade.. until you discover how you can make a profit before you invest your 1 btc..

Use 1 bitcoin for trading i would consider an high waste and risk to start trading, i do believe something between 10- 50 dollars in value of bitcoin should be more then enought to start and then increase the number of coins in use.

crairezx20

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Quote from: Blitzboy on November 01, 2016, 02:33:51 PM

You must have at least 1 bitcoin to become a trader. It is not easy as you think. Trading requires a lot of skill and knowledge about the economy. And you also need a good internet connection to avoid any slow confirmations. Well, my father is a trader and he is very good at it

Yeah 1 btc is good profit result but it is risky if you are just a newbie and i think it is better to start in small amount and try to scaleing up until you learn and experience how to trade.. until you discover how you can make a profit before you invest your 1 btc..

Tanic

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Quote from: bajing on October 31, 2016, 02:18:23 PM

It's clear in bitcoin you can start trading with small amount but if you want to earn huge profits then you have to start with a large amount as well.

That has sense. I also think that it is possible to start trading with any amount of bitcoins. It real true that there is difference between what amount of bitcoins you trade in and what profit you plan to get from it. So there is no minimum.

Blitzboy

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You must have at least 1 bitcoin to become a trader. It is not easy as you think. Trading requires a lot of skill and knowledge about the economy. And you also need a good internet connection to avoid any slow confirmations. Well, my father is a trader and he is very good at it

bitdumper

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there is no minimum amount to be a trader . start with a small amount at first and as you gather some experiace try investing more but always be careful do not invesy a huge amount which you can not handle

oblivi

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Quote from: veleten on November 01, 2016, 02:06:09 PM

you can become a bitcoin trader with as low as 10.001 satoshi capital
thats right,10k is the minimal amount for Yobit exchange transaction
before tradding you got to read
read ALOT
but the key to success is practice,doesn't matter how much you know theorywise,there is a big difference between real trades and demo accounts
bitcoin,unlike Forex,allows you to start with a very low amount and learn the ropes yourself

I would try to save more than 10k sats. At least 50 dollars is a decent amount to start. Sure the cool thing about crypto is that you can deal with small amounts since the fees are really slow, but I wouldn't bother with less than 50 dollars to be honest.

veleten

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you can become a bitcoin trader with as low as 10.001 satoshi capital
thats right,10k is the minimal amount for Yobit exchange transaction
before tradding you got to read
read ALOT
but the key to success is practice,doesn't matter how much you know theorywise,there is a big difference between real trades and demo accounts
bitcoin,unlike Forex,allows you to start with a very low amount and learn the ropes yourself

rizkyhiw

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Quote from: X-ray on November 01, 2016, 08:11:54 AM

Quote from: Doamader on October 31, 2016, 02:52:39 PM

I do believe you can start with 0,02- 0,05btc, but before risk any money at trading you must know the risks of doing such, you may win well as you may loose all, as crypto world is always changing.

actually 0.02 is just too much if OP is just about to learn how to trade,and there's no word win and lost it's not a gambling which is pure luckyness and you will get profit,not win

no , if you really want to learn you can always do create a demo account to try trade
the real trader will never wasting their time to trade small amount
you can become a trader even with 1 dollar capital
but come on think twice , never worth to your time.

X-ray

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Quote from: Doamader on October 31, 2016, 02:52:39 PM

I do believe you can start with 0,02- 0,05btc, but before risk any money at trading you must know the risks of doing such, you may win well as you may loose all, as crypto world is always changing.

actually 0.02 is just too much if OP is just about to learn how to trade,and there's no word win and lost it's not a gambling which is pure luckyness and you will get profit,not win

Qunenin

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Trading starting is not depend on minimize or maximize amount, It doesn't matter, matter is that if you can handle trading and know the basic skills and knowledge, than you know no problem to doing the trading, But better to start the trading with a small amount, only for try and check it out, because when you gain experience then which amount you want to use in trading.

Doamader

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I do believe you can start with 0,02- 0,05btc, but before risk any money at trading you must know the risks of doing such, you may win well as you may loose all, as crypto world is always changing.

bajing

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It's clear in bitcoin you can start trading with small amount but if you want to earn huge profits then you have to start with a large amount as well.

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Quote from: mirakal on October 31, 2016, 08:45:13 AM

And I can recommend you to start at yobit, they have a variety of coins to trade and the more coins you trade the more experience you will earn as every coins needs different actions to be successful. You can increase your skills when you pay attention with your failure. The rule here is, it does not matter how many times you fall but how many times you rise.

Thats right, i use yobit too because they have a lot of coins to be traded and i like their user friendly interface because you can easily see the rise and drops of prices in the table and it is quite easy to use their website for trades, i'm not saying this because i'm using their signature but that is the truth, i really like it.

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Quote from: icecube45 on October 31, 2016, 07:50:49 AM

Quote from: Mastsetad on October 31, 2016, 03:38:27 AM

Quote from: stomachgrowls on October 30, 2016, 02:58:01 AM

Im just starting off on trading and i could say that we could actually start off trade on small amounts , dont intend to put directly huge amount because you would surely lose all of those money because trading isnt easy thing at all you would really need some knowledge and skills to be profitable with ti. It would really takes time but still it worth for your time and effort when you already mastered it.

Exactly, if someone does not already have any knowledge or experience in trading they should probably starting with smaller capitals to first get to know all the things of trading and once they learn the things and get some experience then they should start with bigger amounts.

That's right if you do not have the knowledge and experience as beginner traders should start with a small the amount of first. Because the start of trading is learning, if the minimum the amount of it intended not to lose a lot if it fails. Because to be able to benefit in trade requires learning and it requires a process. If you have enough experience and knowledge might increase the amount of larger.

And I can recommend you to start at yobit, they have a variety of coins to trade and the more coins you trade the more experience you will earn as every coins needs different actions to be successful. You can increase your skills when you pay attention with your failure. The rule here is, it does not matter how many times you fall but how many times you rise.

icecube45

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Quote from: Mastsetad on October 31, 2016, 03:38:27 AM

Quote from: stomachgrowls on October 30, 2016, 02:58:01 AM

Im just starting off on trading and i could say that we could actually start off trade on small amounts , dont intend to put directly huge amount because you would surely lose all of those money because trading isnt easy thing at all you would really need some knowledge and skills to be profitable with ti. It would really takes time but still it worth for your time and effort when you already mastered it.

Exactly, if someone does not already have any knowledge or experience in trading they should probably starting with smaller capitals to first get to know all the things of trading and once they learn the things and get some experience then they should start with bigger amounts.

That's right if you do not have the knowledge and experience as beginner traders should start with a small the amount of first. Because the start of trading is learning, if the minimum the amount of it intended not to lose a lot if it fails. Because to be able to benefit in trade requires learning and it requires a process. If you have enough experience and knowledge might increase the amount of larger.

Mastsetad

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Quote from: stomachgrowls on October 30, 2016, 02:58:01 AM

Im just starting off on trading and i could say that we could actually start off trade on small amounts , dont intend to put directly huge amount because you would surely lose all of those money because trading isnt easy thing at all you would really need some knowledge and skills to be profitable with ti. It would really takes time but still it worth for your time and effort when you already mastered it.

Exactly, if someone does not already have any knowledge or experience in trading they should probably starting with smaller capitals to first get to know all the things of trading and once they learn the things and get some experience then they should start with bigger amounts.

BitcoinPC

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Quote from: stomachgrowls on October 30, 2016, 02:58:01 AM

Im just starting off on trading and i could say that we could actually start off trade on small amounts , dont intend to put directly huge amount because you would surely lose all of those money because trading isnt easy thing at all you would really need some knowledge and skills to be profitable with ti. It would really takes time but still it worth for your time and effort when you already mastered it.

I also always say that if anyone start to trading, than main thing is that need knowledge and skills, and always invest short amount, because it is not guarantied that if you trade with a big amount than you can earn big profit, but it is possibility that if you lose than your whole amount has been ended.

stomachgrowls

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Im just starting off on trading and i could say that we could actually start off trade on small amounts , dont intend to put directly huge amount because you would surely lose all of those money because trading isnt easy thing at all you would really need some knowledge and skills to be profitable with ti. It would really takes time but still it worth for your time and effort when you already mastered it.

leowonderful

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There is none. You can start with dust or thousands of dollars in crypto, although learning will be your best friend. You can't expect enormous profits in the beginning, nor can you expect substantial profit starting with dust. What I do is I spend 5% of what I earn on this forum each month and allocate it to trading; it doesn't take up too much money, and I get small profit out of it. Time is your best friend in trading, learn and be patient. There is also lots of information and help out there, not just on this forum, but, however, be aware that not all info is true.

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Quote from: Mark02 on October 29, 2016, 11:06:26 AM

Quote from: EdenHazard on February 27, 2016, 07:10:47 AM

Quote from: Monkey Luffy on February 26, 2016, 05:06:28 PM

What is the minimum amount to start as a trader?

depending how much you have bitcoin,if you have 1 bitcoin or more,just trade it,do you mean trader bitcoin or altcoin?if your mean bitcoin trader,you need as much as you have,but if altcoin,you just need 0.5 or less.

I don't recommend spending all of your bitcoin in trading. Unless you are experienced one (in the first place if you are experienced you will not ask that question). Now, based on my insights you were starting to trade right? So, I'd recommen just put a little amount of bitcoin as you were only practicing and getting some knowledge and ideas on how is the trading going on. Now, when you mastered in (takes some time) you can now put larger capital so that you can earn bigger profits in every trade you can make. But jutst some tips, only put what you can afford to loose ssince trading involves risk of loosing money.

I think you can try with small chunks of bitcoin if you are a beginner. You can experience trading while learning the basic foundation of it. Doing this will greatly boost you trading knowledge. Experience plus theory is a way to go to learn trading fast. If you learned advance knowledge of trading then that is the time where you can put a bigger amount of money in trading.

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